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Well-Established Ice Cream Shop In New York For Sale

New York, US
Asking Price:
$295,000 Inventory / Stock included
Sales Revenue:
$280,000
Cash Flow:
$117,000

LISTING ID # 36258

For sale is a niche ice cream, Italian ice, and candy shop that has been in business and owned by the seller for 17 years. This oversized store has ample room for adding a second food or non-food concept, such as coffee, hamburgers, soups, bakery items, or desserts. The landlord is open to the buyer incorporating another concept. The store features a large rear parking lot and a spacious front area with benches. Contact broker Jim Aloi at 631-375-4100 for an extra bonus not mentioned. The seller currently works alone and travels four hours daily to and from work, with the store experiencing one-hour waiting lines for ice cream. There is significant potential for growth by adding staff and expanding the business. The corner location offers excellent exposure. The sale includes $25,000 to $30,000 worth of ice cream and candy, plus over $50,000 in equipment. Additionally, the buyer can expand the menu to include Mexican, American, pizza, or chicken options. For more information, contact broker Jim Aloi.

Business Operation

Reasons for selling:

Retirement

Employees:
1 FT
Years established:
17

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

195,000.00 Down & 100,000 for 5 years @ 8%

Furniture / Fixtures value:
$50,000
Inventory / Stock value:
$25,000 - included in the asking price